Actuarial Internship: Hybrid, 8-Week Summer

Lloyds Banking Group; West of England; Hybrid; GBP 20,000 - 26,000; Full time

Benefits offered by this job

IFoA study support

Hybrid work model

Career development opportunities

Job summary

Lloyds Banking Group invites penultimate-year students to join its summer Actuarial Internship in Bristol or Edinburgh. You will work on real projects that apply mathematics, statistics and commercial thinking to analyse risk and inform strategic decisions.

You’ll learn from experienced actuaries, gain exposure to tools like Excel, VBA, Python, R, Prophet and Power BI, and explore how numbers shape investments, pricing and regulatory compliance.

Qualifications

• Be in your penultimate year at university.
• Ability to demonstrate sound knowledge, understanding and technical skills aligned to the role will be assessed through the application process.

Responsibilities

• Using pricing techniques to calculate premiums for insurance, pensions and investment products.
• Calculating the reserves and capital needed to cover future claims.
• Analysing experience and setting assumptions for actuarial models.
• Building and testing models using Excel, VBA, Python, R, Prophet or Power BI.
• Designing actuarial models and software to forecast risk outcomes.
• Turning complex data into clear stories for stakeholders.

Skills

Maths aptitude

Problem solving

Attention to detail

Communication

Education

Penultimate year student at university

Tools

Excel

VBA

Python

R

Power BI

Job description

Lloyds Banking Group invites penultimate-year students to join its summer Actuarial Internship in Bristol or Edinburgh. You will work on real projects that apply mathematics, statistics and commercial thinking to analyse risk and inform strategic decisions.

You’ll learn from experienced actuaries, gain exposure to tools like Excel, VBA, Python, R, Prophet and Power BI, and explore how numbers shape investments, pricing and regulatory compliance.